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Ripple (XRP) is undoubtedly one of the prominent tokens in the current crypto realm. The token is now one of the most robust cryptocurrencies in the industry, carving new milestones with each passing day. That being said, Ripple is also attracting heavy ETF development activity, which is adding more prestige to the Ripple ecosystem. Franklin Templeton, one of the leading financial giants, has filed for an XRP ETF application, giving XRP a credible reputation boost. How high can XRP truly surge if this ETF gains approval from the US SEC? Let’s find out. Also Read: Chainlink Recovery Incoming? LINK Looks to Retake $14 in March Ripple Continues To Dominate The Market Source: Reddit Ripple (XRP) is currently one of the leading crypto tokens to keep an eye on. The token is targeting a global finance narrative and is a crucial part of Trump’s official strategic crypto reserve alongside ADA and Solana. At the same time, Ripple is also attracting heavy ETF momentum, boasting nearly ...

The crypto giant Grayscale has launched a new trust for the layer-1 Ethereum (ETH) competitor Avalanche (AVAX). Rayhaneh Sharif-Askary, Grayscale’s head of product and research, says Avalanche has played a “pivotal role” in advancing the adoption of real-world asset (RWA) tokenization. AVAX shot up in price by 5.65% on Thursday, outpacing the broader crypto market, which dropped 1.3% over the same time period. The new Grayscale Avalanche Trust will function like the asset manager’s other single-asset investment trusts and is solely invested in the AVAX token. Grayscale’s new product wasn’t the only recent development that could have had a hand in boosting AVAX’s price. The layer-1 project also announced on Thursday that the global investment giant Franklin Templeton is expanding its on-chain money market fund, FOBXX, to the Avalanche network. Franklin Templeton made FOBXX available on the layer-2 scaling solution Arbitrum (AR...